{"schema_version":"secwatch.filing_event.v1","accession":"0001965040-23-000032","form_type":"8-K","ticker":"FTRE","cik":"0001965040","company_name":"Fortrea Holdings Inc.","filed_at":"2023-08-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.138803+00:00","generated_at":"2026-06-11T06:32:55.358240+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Fortrea grants CEO Thomas Pike $20M equity award; mix changed to 50/50 RSUs and options","bullets":["Grant date fair value of $20M: 377,074 RSUs plus options on 799,272 shares at $26.52.","Board changed award mix from 30% RSUs/70% options (per employment agreement) to 50% RSUs/50% options.","Awards vest in three equal installments over 3 years (first anniversary, second anniversary, Jan 9, 2026).","Initial Equity Grant satisfies Section 4(b)(iii) of the CEO's employment agreement with Labcorp assigned at spinoff.","RSU award agreement (Ex-10.1) and option agreement (Ex-10.2) filed as exhibits."],"urls":{"canonical":"https://secwatch.observer/filing/0001965040-23-000032","json":"https://secwatch.observer/filing/0001965040-23-000032.json","markdown":"https://secwatch.observer/filing/0001965040-23-000032.md","text":"https://secwatch.observer/filing/0001965040-23-000032.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1965040/000196504023000032/0001965040-23-000032-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1965040/000196504023000032/ftre-20230817.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T06:32:55.358240+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}